 \textit{ } &  \multicolumn{2}{c}{   $\varsigma$ = 1  }     &  \multicolumn{2}{c}{  $\varsigma$ = 1.10 }  &  \multicolumn{2}{c}{  $\varsigma$ = 1.15 }    \\ 
                    &\multicolumn{1}{c}{Est.}&\multicolumn{1}{c}{S.E.}&\multicolumn{1}{c}{Est.}&\multicolumn{1}{c}{S.E.}&\multicolumn{1}{c}{Est.}&\multicolumn{1}{c}{S.E.}\\
 \hline  &&&\\   
Labor               &       0.550&       0.031&       0.731&       0.046&       0.770&       0.054\\
\addlinespace
Materials           &       0.460&       0.040&       0.214&       0.044&       0.220&       0.050\\
\addlinespace
Capital             &      -0.009&       0.036&       0.055&       0.032&       0.010&       0.030\\
\addlinespace
Median wage markdown&       0.633&       0.086&       1.806&       0.562&       1.852&       0.836\\
\addlinespace
Median price markup &       1.454&       0.125&       0.677&       0.140&       0.696&       0.158\\
 &&&&\\     Hansen J-test & \multicolumn{2}{c}{1.35} &   \multicolumn{2}{c}{2.67} &  \multicolumn{2}{c}{4.25}\\  Hansen J-test p-value & \multicolumn{2}{c}{.507}     &      \multicolumn{2}{c}{.262}&  \multicolumn{2}{c}{.119} \\    Observations &    \multicolumn{2}{c}{4005}  &  \multicolumn{2}{c}{4005}  & \multicolumn{2}{c}{4005} \\  \hline    
